Employer NIC Calculation for £ 313,670.00

The Employers National Insurance Contributions Calculator is configured to calculate National Insurance Contributions calculations for the 2018 / 2019 tax year. This Employers NIC's Calculation is for an employee earning £ 313,670.00 per annum in 2018 / 2019. Each National Insurance Contributions calculation provides a full breakdown of Employee and Employer NIC's, so that you have a true cost for an employee on an annual gross salary of £ 313,670.00. Staff costs are not just salaries, Employers National Insurance Contributions are applied in addition to an employee's salary and are payable each month.

The National Insurance calculator is updated for 2018/19 tax year and uses the 2018/19 tax thresholds and allowances as default to produce the National Insurance Calculation. Our suite of payroll calculators also provide PAYE, tax and graphical illustrations. You can view examples of the payroll calculations for an employee earning £ 313,670.00 below. .

Payroll and Salary Deductions: The Basics

If you have never really looked at your payslip or perhaps it's your first job and the first time you have looked at a payslip, it is worth spending a few minutes getting to know what the different deductions and payroll details are. Understanding your payslip and payroll deductions allows you to identify potential errors and know what to do when mistakes are made so you can claim back any overpaid tax. The guides below are easy to read and designed to provide a basic understanding of payslip and payroll deductions.

Related Calculations and Tools

Pay Slip Example

A simple payslip example for an annual salary of £313,670.00. A quick tool that allows you to compare your own payslip. Select specific months to see how your future payslips will look including total earnings and deductions. Useful for understanding your total income and deductions for financial planning such as mortgage calculation or loan affordability etc.

Basic Salary Example

Provides a periodic breakdown (Day, week, month etc.) of the calculated payroll deductions relevant to a £313,670.00 annual Salary. Includes links to supporting information which explains each tax and payroll deduction and what you can do to reduce the amount of PAYE tax and National Insurance you pay. Everyone who pays tax can reduce the amount of tax they pay but most don't take the few minutes needed that could save them £££'s. Don't be a fool, it's your money, make sure you get what you are entitled to, make 2017 the year that you get your finances in order.